AFAIK you don’t just get a bank transfer of 85m. You get it fed to you in relatively large amounts.

You actually do. There was an interview with the guy who runs the team that handles lottery winners online recently. You have it transferred within 48 hours and the lottery team help you setup a private bank for it to go into, though apparently some have it transferred direct to their normal bank account!

I also remember seeing a lottery winner on Location Location Location once and they asked him how he found out, he said he played online, and got the normal email you get “We have exciting news about your lottery ticket” - it’s the same email no matter if you won a tenner or the jackpot. He logged in, expecting to see a tenner as normal and in the top corner it just read balance: £2.7m

@thefithrace Coutts has changed a lot then in 50 years. Back then I had an account there and my sponsor banked at Hoare & Co. They were the first bank to have a fully narative computer statement and it was a marked contrast to their Staff wearing morning dress and qill pens in banking hall. Their high net worth clients had very close attention paid to them and investment and money management advise. Of course even ordinary customers (like me) didn’t have cheque guarantee cards and it was unheard of for a cheque not to be honoured. How times change.

Not with Monzo. Tom Blomfield is clear about his divisive student union populism, and considers the successful to be “abnormal” and undesirable:

So, Monzo is only for people on an average salary?

If you talk to a rich investment banker, they don’t get it. They want their cashback and their Avios points. This is for people on a normal salary, living a normal life. Our service is relevant to 90pc of the population. It’s not for the 1pc. If you have a private bank account at Coutts, then fine, stick with it.

I keep kicking myself to find out if I’m dreaming. I have two friends/acquantances who are both millionaires. One of them has multiple homes in two or more countries. His father lived in the Isle-of-Man and when they conversed (by Facetime) … this was subjected on friends because the son had a weird ( in my personal experience) notion of what one does when communicating privately. To the son it meant holding a supposedly private one-to-one conversation with someone in the presence of a third (unannounced party) [in this case me] but I was a guest and unsure of where this was all going. Well the ansewere to that was they seemed to have a mutual antipathy for each other. The main object of their contact was, at first glance, to make contact but actually it was to score points off each other; about whom was richer and whom was more devout in a religious sence.
I cannot comment on the father’s banking but the sons I can.For someone with his means he could have done so much better even within the legacy banking area. But he was so full of himself he actually missed out on everything.